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Investment Property New Lambton, NSW, 2305

Suburb Snapshot

New Lambton is a suburb in the Newcastle Region of New South Wales. New Lambton has a population of 10,043 people and 26.67% of its occupants live in rental accommodation. The median listing price for houses is $1,100,000 and this has changed 0.00% over the past year and changed 4.76% over 2 years.

The median rent in New Lambton for houses is $695 per week and the median rental yield is 3.28%. Stock on the market for houses/townhouses has changed -12.77% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $550,000 and this has changed 1.85% over the past year. The average unit takes 65 days to sell and the median rent for a unit in New Lambton is $510 per week, producing a rental yield of 4.82%.

Supply & Demand in New Lambton, Newcastle

0.72%

Current vacancy rate


34

Rental stock available


10,043

Population


26.67%

Rental population


1.06%

Current vacancy rate


872

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for New Lambton, Newcastle

  House Townhouses Units
Median listing price $1,100,000 $760,000 $550,000
Median price change - last quarter -4.35% 2.66% -3.51%
Median price change - 1 year 0.00% 4.89% 1.85%
Median price change - 2 years 4.76% 6.74% 3.77%
  House Townhouses Units
Median weekly rent $695 $610 $510
Median yield % 3.28% 4.17% 4.82%
Median rent change - 1 year 10.31% 10.90% 13.33%
  House Units
Previous month sales 14 1
Stock on market previous month 41 3
Stock variance vs. last year -12.77% -25.00%
Average days on market 59 65

New Lambton investment property listings

Showing 5 of 56 investment properties found in New Lambton on realestateinvestar.com.au

21 Errington Ave, New Lambton

$1,820,000

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Immaculate Home With Granny Flat & Extraordinary Garaging

Embrace the magic of the Ironbark timber flooring and the elevated 12 foot ceilings of the past integrating the modern upgrades, additions and quality extras. The unexpected space for all the toys is revealed with the first garage opening, all the way to the extraordinary garage and workshop for ...

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NSW 2305


56 Watson St, New Lambton

$1,550,000

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Elevated family living

Positioned in one of New Lambton's most sought after pockets on an elevated corner block, this character filled family home captures stunning city views and coastal breezes just moments to village shops and local parks. Offering a character filled façade with established gardens, easy care yard ...

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NSW 2305


12 Meredith St, New Lambton

$1,495,000

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Flawlessly Renovated, Right Down to the Last Detail

Crisp lines, natural light, and a perfect layout make this three bedroom stunner feel instantly welcoming and wonderfully elegant. Renovated throughout with a discerning eye, every surface, finish and fixture has been thoughtfully updated, giving you all the benefits of new without the wait. The ...

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House

NSW 2305


4/171 Kings Rd, New Lambton

$730,000

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Put simply, modern low-fuss townhouse, super-central location

Low-maintenance living with a smart, no-fuss layout, this two-bedroom townhouse delivers exactly what you need without the extra upkeep. The lower level is all about living, with an open plan layout that connects kitchen, dining and lounge in one easy, light-filled space. Sliding doors open ...

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Townhouse

NSW 2305


16 Sketchley Pde, New Lambton

$1,695,000

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Family Entertainer with Pool and Serious Lifestyle Credentials

Located in a highly-prized lifestyle suburb with a strong community spirit, this charming home comes in hot with family features. Secure behind electric gated entry and staged over a single level, it combines traditional appeal with a modern island kitchen, open plan living plus a family room, a ...

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NSW 2305


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